Recent comments in /f/science

magicmurph t1_j90rkcm wrote

Reply to Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

Oh, is that why the prices went up? Not greed on the part of the energy corporations? I wonder what their profit margins look like, before and after?

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mnvoronin t1_j90nk73 wrote

Reply to comment by Jakeinspace in Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

>In my opinion, we should certainly be imposing a windfall tax on these energy companies.

You may find it interesting that Gazprom, Russian gas monopoly, was slapped with a windfall tax last year and ended up paying almost all of its extra profits back to the government.

Unfortunately, western governments seem to be toothless.

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kilranian t1_j90ldyd wrote

Reply to comment by whyunoletmepost in Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

Nationalize the California energy grid. Privatization and deregulation set the state on fire.

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Jakeinspace t1_j90j05a wrote

Reply to comment by atchijov in Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

I'm no economist but the way I see it, when the supply of fuel is restricted or limited, we can either completely run out or invoke a rationing system. I'm pretty sure it would be political suicide for any western polititian to suggest war-time era fuel rationing, so it's rationed by price - supply and demand - the price goes up untill people can't afford to use it.

Governments are also making record amounts of money from the rise in fuel prices. In the UK a good chunk of what we pay at the pump is in fuel tax. At one point last year the government knocked ~5% off the fuel price to help reduce the cost of living crisis, even then they were making more money from fuel tax than before the start of the Ukraine-Russsia war due to the increased overall prices of fuel.

In my opinion, we should certainly be imposing a windfall tax on these energy companies. They've indirectly made a lot of money at the expense of millions of people's quality of life. (And thousands of people's actual lives)

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whyunoletmepost t1_j90f0gt wrote

Reply to Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

In southern California sdge is hanging out $1000 a month bills like candy even with a huge percentage of houses with solar. We need to start getting some class action lawsuits going.

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AnotherWarGamer t1_j90by8e wrote

Reply to comment by [deleted] in Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

What's crazy is America still won't green their grid. China is building renewables like crazy, and has plans to switch over eventually, whereas America does not.

There is a very real possibility that sometime in the future America won't be able to keep the power on, but China will.

All thanks to short term thinking, and infrastructure not being profitable according to capitalism.

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[deleted] t1_j90b8kb wrote

Reply to Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

I just think it's crazy how if we invested in nuclear energy technology that was actually good for producing power at scale like back when we had the opportunity we wouldn't even have this problem

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